Welcome to the Stafford Loans page for
Baptist College of Health Sciences

• Default Fee: 0%
• Free student checking
• Apply online and e-sign
• One lender, one monthly paymen
• Flexible repayment schedules and payments
• Additional forbearance time
• Effective 1/1/08 borrowers must be MS residents

Effective for loans with a guarantee date on or after June 1, 2008:

• 1% Origination Fee
• 0.25% interest rate reduction for borrowers in repayment who have enrolled in and make payments through an auto-debit/ACH repayment program.

Effective for loans guaranteed on or after 7/1/08:

• .25% interest rate reduction with AutoPay1.

1 The automatic payment is a requirement to be qualified for the interest rate reduction benefit. If the auto payment feature is canceled, the rate reduction benefit is lost.

Effective for loans guaranteed on or after May 15, 2008:

• 0.25% interest rate reduction for auto-debit
• No pre-payment penalties
• One point of contact for life-of-loan servicing
• Flexible repayment options
• Non-profit funded company
• 20 years of experience concentrating solely on student loans

• Flexible repayment options
• Full payment deferral while you are in school at least half-time
• No income or collateral requirements
• Life-of-loan servicing through Edfinancial Services

0.25% interest rate reduction for borrowers who make payments using our auto-debit process.

• 0.25 percentage point interest rate reduction for automatic debit.
• 24/7 access to your loan account.

Effective for loans disbursed on or after June 9, 2008:

• 0.25% interest rate reduction for borrowers who sign up for ACH
• Easy online application process and e-signature option
• Fixed Interest Rate - 6.0% for subsidized undergraduate and 6.8% for unsubsidized
• 24/7 Online account access
• No pre-payment penalties
• Flexible repayment options

• Free student checking
• Apply online and e-sign
• 2.00% immediate interest rate reduction in repayment with auto-debit
• Fixed interest rate for the life of your loan
• One lender, one monthly payment
• Flexible repayment schedules and payments
• Additional forbearance time
• 1.50% Origination Fee
• 1.00% Federal Default Fee

• 0.25% interest rate reduction for ACH 
• No pre-payment penalties
• Flexible repayment options 
• Free “Money Smart” financial literacy program on line 
• Free Checking, Savings, ATM cards

Effective November 1, 2008, Bank of America will cease offering borrower benefits on FFEL Loans.

• 0% origination fee
• 0% Default/Guarantor fee
• 0.25% Auto Debit Reward: 0.25% interest rate reduction during repayment when payments are set up for automatic debit from a bank account